Bulls had it at the start last week but bears turned what could have been and inside up week into another bearish inverted hammer. If we close below 173 for the next weekly candle we are looking at a drop to the lows around $130 soon after and then the plummet could continue to the $90's by the end of the year.
That being said if we break up, above $195ish, expect to be at new all time highs soon.
That being said if we break up, above $195ish, expect to be at new all time highs soon.